Thursday, February 23, 2017

SK Hynix · LG U + · KT, etc. 32 places ESG rating downgrade



[Korea financial newspaper goyounghun News] Korea Corporate Governance nine trillion won (CGS) will last 20 days now hold the Governance Committee SK Hynix · LG U +, Lotte Confectionery · KT, including 32 companies in the 2016 ESG has downward rating 23 days He said.

The rating change is to target the issues that have occurred since the grant year ESG rating 2016, Environmental Management (E), social responsibility (S), governance (G) reflects the issues matters that might undermine the sustainability of the company in terms of did. Ratings reflect the securities market is limited to listed companies, ESG rating in corporate governance circles are divided into seven stages S, A +, A, B +, B, C, D and so on.

Depending on region-specific ESG rating adjustment, SK Hynix, LG U +, for wires, Lotte Confectionery, Katie, Samsung Engineering, ESG integration of 10 companies, including Korea Electric Power Corporation rating fell one step.

This company governance-related issues were encountered eight companies, corporate social responsibility management related issues occurred occurred 24 companies, environmental management issues related to the company four companies.

Governance, environmental management, with a rating in two areas of Corporate Social Responsibility three areas downstream company CJ Hello Vision, Daewoo Shipbuilding & Marine Engineering, Katie, Korea Electric Power Corporation bought four.

Corporate Governance nine trillion won official "corporate governance issues seven of the top companies 8 companies occurred, the Investor attention is needed to below existing grade weak level of B" said "CGS is to support the improvement ESG practices of listed companies, I will try to raise the interest of the market and the company on sustainability, "he said.



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